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02-12-2013, 10:08 AM
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Join Date: Nov 2006
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Hulsizer and LeBlanc have no money. Both call themselves investors but are really trying to acquire a team with no money down. I can tell you from experience that when trying to raise money, you always run in people like that. Time wasters. They can be fund manager with no open fund, flying around swinging their big dicks and private jets to impressive others and boost their ego, or just to keep their name out there. Or guys trying to take a piece of the pie in exchange for assets other than cash, which is usually a bad deal (in the tech industry, 'incubators' fit that bill).

The key is to recognize them early and blow them off.

zz is offline